Re-Invest 2024- Firms Parade 480 GW Capacity Addition Plans Updated On Tue, Sep 17th, 2024 by Saurenergy At the fourth edition of Re-invest 2024, you might be tempted to believe that India’s renewable energy targets are as good as met. At least, going by the line up of firms queuing up to make their commitments public. In a spectacle suitably titled ‘Shapath Patra’ or agreements signed at the event, firms made the […] Read more
Insolation Energy Announces 3rd Manufacturing Plant In Jaipur Updated On Mon, Sep 16th, 2024 by Saurenergy Insolation Energy (INA Solar)has announced the ground breaking ceremony of its new state-of-the-art manufacturing facility, located on the Delhi-Ajmer Expressway in Sawarda, Jaipur, Rajasthan. This investment of Rs 400 crore is a part of the company’s effort to strengthen its position in India’s renewable energy sector and expand its production capacity. Post the expansion, Insolation’s […] Read more
ALMM Of PV Cell Manufacturers In 18 Months, Proposes MNRE Updated On Sun, Sep 8th, 2024 by Saurenergy The Ministry of New and Renewable Energy, in an office memorandum issued on September 7, has proposed extending the ALMM (Approved list of module manufacturers) conditions to solar PV cell manufacturing as well. Thus, it proposes that from April 1, 2026, much like the requirement to source modules only from manufacturers enlisted in ALMM, solar […] Read more
Jakson Engineers To Invest Rs 2,000cr On Solar Manufacturing Updated On Wed, Sep 4th, 2024 by Saurenergy Jakson Engineers Ltd (JEL), part of the energy and infrastructure conglomerate Jakson Group, announced an expansion of its solar manufacturing business. The company plans to invest approximately Rs 2,000 crore for setting-up a 2,500 MW Solar Cell manufacturing facility, which will be developed in two phases and is simultaneously expanding its existing solar module manufacturing […] Read more
SBI Caps Report Sees Avenues For Banks In Indian Solar Manufacturing Sector Updated On Tue, Aug 27th, 2024 by Saurenergy A recent report by SBI Caps has indicated new avenues for the formal banks in the country for financing solar module manufacturing projects. Bolstered with the expected rise in the production of solar cells, solar modules and other backward integration by domestic players, the report talked about a likely chance of increased participation of banks […] Read more
MeyerBurger Drops US Cell Manaufacturing Plans Citing Viability Updated On Tue, Aug 27th, 2024 by Saurenergy In a development that seemed to surprise some, Swiss solar manufacturer Meyer Burger announced on August 26 that it was suspending planned construction of a silicon solar cell production facility in Colorado Springs, Colorado. Meyer Burger cited financial viability as a reason for the decision. The company had first announced plans for a cell factory […] Read more
BC Jindal Group To Enter Renewable Sector With 5 GW Target Updated On Thu, Aug 22nd, 2024 by Saurenergy The Rs 18,000 crore BC Jindal Group, has announced its foray into India’s renewable sector today. The group has announced plans to invest around US $ 2.5 billion in this sector in the next 5 years. The group becomes the latest to make a strong commitment to the sector, attracted by its green credentials as […] Read more
Italy To Add GW Plus HJT Manufacturing With Chinese Specialist Huasun Updated On Tue, Aug 6th, 2024 by Saurenergy Italy, one of the few European countries with a long history of solar manufacturing, is set to add a further GW plus of manufacturing for Wafers, cells and modules, using HJT (Heterojunction) Technology. The deal was signed between local player BEE Solar and Chinese HJT specialist, Huasun Energy. HJT, widely perceived as the more expensive […] Read more
News Briefs July 31- Chinese Manufacturers Make Global Moves Updated On Wed, Jul 31st, 2024 by Saurenergy From Jinko in Spain to Drinda in Oman, or Power China in the UAE, it’s been a week when China’s many solar manufacturers have made big moves globally to align themselves to emerging opportunities and challenges. Earlier last week, Saudi Arabia’s PIF fund had also announced some major manufacturing plans for the kingdom with leading […] Read more
